Business lending rises
Bank of England figures reveal that lending to private, non-financial companies rose by £1.8bn in November from October, more than offsetting the falls in the previous two months. Andrew Goodwin of the Ernst & Young Item Club derived some satisfaction from the figures. Adding to this modest good news were figures showing that construction output rose in December for the first time in nine months.
Source: The Daily Telegraph Business
Posted on 05 Jan 2012
